ArabianBusiness.com - Middle East Business News
Sunday, 22 November 2009 01:28 UAE time

YOUR DIRECTORY /

| Share |

Samsung risks losing billions in legal turmoil

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Tuesday, 18 November 2008

Samsung Electronics has been served two legal blows after imaging giant Kodak and flash memory chipmaker Spansion filed separate lawsuits claiming patent infringement.

In a forceful stance, Spansion is seeking to exclude more than a 100 million MP3 players, cellphones, digital cameras and other consumer electronic devices that contain Samsung’s infringing flash memory components from the US market.

“The complaint in the US District Court in Delaware also seeks an injunction and treble damages for patent violations relating to Samsung Flash memory, that Spansion estimates has accounted for more than $30 billion in Samsung's global revenues since 2003,” elaborated Spansion in a company statement.

Story continues below
advertisement

Spansion is prepared for a tough battle with Robert Melendres, executive vice president and general counsel, revealing that it will "vigorously protect its intellectual property and is entitled to be compensated by Samsung for its use of our IP."

In another lawsuit, Eastman Kodak Co. is seeking ‘unspecified damages’ from both Samsung Electronics and LG Electronics for alleged infringement of its digital camera patents. Kodak is also hoping to get a legal injunction to prevent further sales of the products involved.

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

 EMAIL ALERTS

  1. Samsung

  2. Technology


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. UAE announces Eid and National Day holidays 02
    21 Nov ' 09 at 10:22
    Is it any wonder that Emiratis are reluctant to work in the private sector? One day extra and no request for early payment of salaries.   More  »
  2. RTA to lease out last batch of retail outlets available on Red Line 01
    21 Nov ' 09 at 14:10
    What happened of Last Minute and their 28 outlets - one on each station?   More  »
  3. Dubai plans start-up help for expat entrepreneurs 01
    21 Nov ' 09 at 11:37
    this is great news really makes sense, especially since Small & Medium Enterprises actually make UAE. I sincerely hope that this is...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM